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Chicago Midwest · USA Metro · On-site + Online US Census CBP 2023
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Market Snapshot — Chicago MSAsourced · Census CBP 2023
Employer businesses
249K
Sellable band (5–99 staff)
95.6K
People employed
4.3M
US market rank
#3/69

Counted establishments with payroll (2023 (released May 2025)) — excludes no-payroll businesses, which are rarely sellable. Rank = employer businesses among the 69 US markets covered here.

Market Model — change any assumption, watch the mathderived · formula shown
Businesses sold / yr
6.2K
249K × 2.5%
Broker-assisted deals / yr
1.2K
6.2K × 20%
Annual commission pool
$59.7M
1.2K × $48,000

Defaults are national benchmarks (cited above each input). Change any of the four to your own figures — every result below re-derives live. This is the model, not measured local data.

Niche Opportunity in Chicago — where to compete sourced · Census NAICS counts
NicheBusinessesCompetitionTypical deal

Business counts are real establishment counts for this market by NAICS sector — US Census County Business Patterns 2023, 2023 (released May 2025). Competition is a directional judgment, not a measurement. Tap a niche to set your focus.

Practice Economics — Solo Brokerbenchmark · IBBA
Avg Commission / Deal
$48,000
Year 1 (new broker, 3–5 deals)
$144K–$240K
At IBBA median (4–6 deals/yr)
$192K–$288K
Break-even
1 deal

IBBA Market Pulse: the median Main Street broker closes 4–6 deals/yr (27–38% close rate, 6–12-month cycle); a first-year broker typically lands below that. Revenue = deals × $48,000. Break-even assumes ~$1.5K/mo running costs. Set your own deal count below.

Broker Coveragederived · formula shown
Share of US businesses
2.97%
Expected brokers here
297–446
Brokered deals / broker
~3.3/yr

Chain: 249K businesses ÷ 8.4M US total = 2.97% × the ~10–15K active US brokers (IBBA has <3,000 members; total population estimated 10–15K) ≈ 297–446 brokers. No public per-city broker registry exists — verify by counting the Chicago listings in the BizBuySell broker directory.

Verify Locally — 10-minute checksdo it yourself
  • Search demand: check “business broker chicago” in Google Keyword Planner (free with a Google Ads account) — real volume and CPC for your market.
  • Broker competition: count the Chicago brokers listed in the BizBuySell broker directory and the IBBA member directory.
  • Live deal flow: count active Chicago listings on BizBuySell — the clearest single signal of a working market.

We don't publish numbers for these because no honest source exists at metro level — anyone showing you exact “keyword difficulty” or “cost per lead” for your city is guessing.

Commission Projectoryour input
6
Gross Commission / Yr
$288,000
Avg / Month
$24,000
Per Deal
$48,000